jagomart
digital resources
picture1_Budget Spreadsheet 33453 | 51138 2021 02 11 Revenueprojections


 177x       Filetype XLSX       File size 0.21 MB       Source: www.cbo.gov


File: Budget Spreadsheet 33453 | 51138 2021 02 11 Revenueprojections
sheet 1 contents this file presents data that supplement cbo rsquo s february 2021 report the budget and economic outlook 2021 to 2031 wwwcbogovpublication56970 contents 1 revenues projected in cbo ...

icon picture XLSX Filetype Excel XLSX | Posted on 10 Aug 2022 | 3 years ago
Partial file snippet.
Sheet 1: Contents
This file presents data that supplement CBO’s February 2021 report The Budget and Economic Outlook: 2021 to 2031.
www.cbo.gov/publication/56970


Contents

1. Revenues Projected in CBO's February 2021 Baseline
2. Changes in CBO’s Baseline Revenue Projections Since September 2020
3. Detailed Individual Income Tax Projections in CBO's February 2021 Baseline
4. Payroll Tax Revenues Projected in CBO's February 2021 Baseline, by Source
5. Excise Tax Revenues Projected in CBO's February 2021 Baseline, by Source
6. Actual and Projected Capital Gains Realizations and Tax Receipts in CBO's February 2021 Baseline
7. Differences Between Projections and Actual Outcomes
7a. Total Revenues
7b. GDP
7c. Revenues as a Percentage of GDP
8. Legislation That Has a Significant Impact on Revenues: 1981 Through 2020
8a. Legislative Effects in Dollars
8b. Legislative Effects as a Percentage of GDP
9. Relation of NIPA Corporate Profits to Income Subject to Tax Under the Corporate Income Tax in CBO's February 2021 Baseline

Sheet 2: 1. Revenue Projections
This file presents data that supplement CBO’s February 2021 report The Budget and Economic Outlook: 2021 to 2031.















www.cbo.gov/publication/56970

















































1. Revenues Projected in CBO's February 2021 Baseline
Billions of Dollars















































Total



Actual,










2022- 2022-
Fiscal Year

2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2026 2031
Individual Income Taxes

1,609 1,699 2,041 2,084 2,139 2,228 2,479 2,698 2,782 2,882 2,985 3,096 10,970 25,414
Payroll Taxes

1,310 1,325 1,351 1,452 1,507 1,558 1,619 1,673 1,729 1,788 1,849 1,914 7,487 16,441
Corporate Income Taxes

212 164 252 304 328 355 365 361 369 377 385 393 1,605 3,491
Other
















Excise taxes
87 79 86 86 90 90 90 91 91 92 93 93 442 902

Federal Reserve
82 103 118 127 134 119 102 97 88 78 73 78 599 1,012

Customs duties
69 82 89 90 92 95 97 99 100 101 102 103 463 969

Estate and gift taxes
18 22 24 24 25 26 28 40 43 45 47 49 127 350

Miscellaneous fees and fines
35 33 34 34 37 36 37 39 41 44 42 43 179 389


Subtotal 289 318 351 362 379 365 354 365 363 360 357 367 1,811 3,623



_____ _____ _____ _____ _____ _____ _____ _____ _____ _____ _____ _____ ______ ______

Total
3,420 3,506 3,995 4,202 4,352 4,507 4,817 5,097 5,243 5,408 5,577 5,771 21,873 48,968


On-budget 2,455 2,539 3,031 3,154 3,258 3,366 3,630 3,865 3,967 4,087 4,212 4,358 16,438 36,927


Off-budgetᵃ 965 967 964 1,048 1,094 1,141 1,187 1,232 1,276 1,321 1,365 1,413 5,435 12,041

















Memorandum:















Gross Domestic Product

21,000 21,951 23,082 24,066 25,127 26,249 27,359 28,425 29,506 30,623 31,751 32,933 125,883 279,121




















As a Percentage of Gross Domestic Product
Individual Income Taxes

7.7 7.7 8.8 8.7 8.5 8.5 9.1 9.5 9.4 9.4 9.4 9.4 8.7 9.1
Payroll Taxes

6.2 6.0 5.9 6.0 6.0 5.9 5.9 5.9 5.9 5.8 5.8 5.8 5.9 5.9
Corporate Income Taxes

1.0 0.7 1.1 1.3 1.3 1.4 1.3 1.3 1.2 1.2 1.2 1.2 1.3 1.3
Other
















Excise taxes
0.4 0.4 0.4 0.4 0.4 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.4 0.3

Federal Reserve
0.4 0.5 0.5 0.5 0.5 0.5 0.4 0.3 0.3 0.3 0.2 0.2 0.5 0.4

Customs duties
0.3 0.4 0.4 0.4 0.4 0.4 0.4 0.3 0.3 0.3 0.3 0.3 0.4 0.3

Estate and gift taxes
0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.1 0.1

Miscellaneous fees and fines
0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1


Subtotal 1.4 1.4 1.5 1.5 1.5 1.4 1.3 1.3 1.2 1.2 1.1 1.1 1.4 1.3



_____ _____ _____ _____ _____ _____ _____ _____ _____ _____ _____ _____ ______ ______

Total
16.3 16.0 17.3 17.5 17.3 17.2 17.6 17.9 17.8 17.7 17.6 17.5 17.4 17.5


On-budget 11.7 11.6 13.1 13.1 13.0 12.8 13.3 13.6 13.4 13.3 13.3 13.2 13.1 13.2


Off-budgetᵃ 4.6 4.4 4.2 4.4 4.4 4.3 4.3 4.3 4.3 4.3 4.3 4.3 4.3 4.3

















Data source: Congressional Budget Office.
































a. Receipts from Social Security payroll taxes.

















































Back to Table of Contents














Sheet 3: 2. Baseline Changes
This file presents data that supplement CBO’s February 2021 report The Budget and Economic Outlook: 2021 to 2031.















www.cbo.gov/publication/56970

















































2. Changes in CBO’s Baseline Revenue Projections Since September 2020
Billions of Dollars











































Total















2021- 2021-
Fiscal Year



2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2025 2030
Legislative Changes
















Individual income taxes


-34 -16 -6 -5 -5 -4 -5 -6 -6 -6 -66 -93

Payroll taxes


-2 0 0 0 0 1 1 1 1 1 -2 2

Corporate income taxes


-3 -7 -6 -7 -7 -4 -2 -2 -3 -3 -30 -44

Excise taxes


-1 -1 -1 -1 -1 -1 -1 -1 -1 -2 -5 -12

Federal Reserve


0 0 0 0 0 0 0 0 0 0 0 0

Customs duties


0 0 0 0 0 0 0 0 0 0 1 2

Estate and gift taxes


0 0 0 0 0 0 0 0 0 0 0 0

Miscellaneous fees and fines


0 0 0 0 0 0 0 0 0 0 2 4



















Subtotal

-39 -23 -12 -13 -13 -8 -7 -8 -8 -9 -100 -141

















Economic Changes
















Individual income taxes


151 196 179 174 170 168 150 128 117 110 871 1,545

Payroll taxes


49 49 50 53 61 62 53 47 47 50 262 521

Corporate income taxes


20 10 6 9 13 16 15 13 11 8 57 120

Excise taxes


2 1 1 2 2 1 1 1 1 1 8 13

Federal Reserve


-6 -11 -10 -10 -30 -54 -41 -30 -19 2 -68 -210

Customs duties


4 4 2 2 2 2 1 1 1 1 14 20

Estate and gift taxes


1 3 3 3 3 3 2 1 0 -1 14 19

Miscellaneous fees and fines


0 0 0 0 0 0 0 0 0 0 0 0



















Subtotal

221 253 231 232 220 198 182 162 157 171 1,158 2,028

















Technical Changes
















Individual income taxes


11 39 -2 -12 -27 -19 -16 -17 -21 -25 9 -89

Payroll taxes


32 -32 -10 -9 -11 -11 -9 -8 -10 -12 -29 -78

Corporate income taxes


25 14 15 8 2 1 -7 -10 -8 -6 65 34

Excise taxes


-3 -3 -3 -2 -2 -2 -2 -2 -2 -2 -11 -20

Federal Reserve


0 0 0 0 0 0 -1 -1 -1 -1 -1 -4

Customs duties


4 5 2 2 2 2 1 1 1 1 14 20

Estate and gift taxes


0 2 1 1 1 2 4 4 4 4 6 23

Miscellaneous fees and fines


-1 1 -1 0 -1 -1 -1 -1 0 -1 -3 -7



















Subtotal

68 26 3 -13 -35 -28 -30 -34 -37 -42 49 -122




















Total Revenue Changes
250 256 222 207 173 162 145 120 112 120 1,107 1,765

















Data source: Congressional Budget Office.






































Back to Table of Contents












The words contained in this file might help you see if this file matches what you are looking for:

...Sheet contents this file presents data that supplement cbo rsquo s february report the budget and economic outlook to wwwcbogovpublication revenues projected in baseline changes revenue projections since september detailed individual income tax payroll by source excise actual capital gains realizations receipts differences between outcomes a total b gdp c as percentage of legislation has significant impact on through legislative effects dollars relation nipa corporate profits subject under billions fiscal year taxes other federal reserve customs duties estate gift miscellaneous fees fines subtotal onbudget offbudget memorandum gross domestic product congressional office from social security back table...

no reviews yet
Please Login to review.